Answer:
The two methods of translating financial statements are the current rate method/closing rate method and the temporal method
Explanation:
Functional currency simply means the main currency used by a business. it could also be defined as the primary currency used in the economic environment in which a business operates as in where it generates most of its cash and also spends it
Functional currency determines to a large extent the method used in translation of financial statements. When there is no difference between local currency and foreign currency, current rate method is used and vice versa for temporal rate method
please find attached from Advanced Accounting
Hoyle, J., Schaefer, T., & Doupnik, T. (2015)
I'm pretty sure the answer would be a budget? A good budget is a way you can keep track of your money. Like what you are spending it on in different categories (like bills, entertainment, food, etc) and how much money is being spent in each.
Answer:
$1.75
Explanation:
Earnings per share to be reported = Earnings per share of commo stock * (1 - 4%)
Earnings per share to be reported = $1.82 * 96%
Earnings per share to be reported = $1.7472
Earnings per share to be reported = $1.75
So, the 2019 earnings per share to be reported in the annual report for 2020 are $1.75.
Answer:
E. Most cash purchases are likely to be rounded off to a higher unit of the currency once the polka is taken out to the system.
Explanation:
A nation's inflation rate is given by the general rise in the price of its products and services. If the Polka is taken out of circulation, and most businesses will start rounding off their prices to a higher unit, then the general price level in West Tarragon will rise. If the Polka wasn't worth that much then the rise in the general price level will be small, but it still will be an increase.
A network good is a good that people benefit more from as more people use it.
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